Filed January 17, 2023
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,046 | $166,268-55.5% | $165,100-55.2% | $145,897-49.2% |
| Participation rate | 100.0% | 82.0%+18.0pp | 78.6%+21.4pp | 80.3%+19.7pp |
| Annual return | 18.90% | 100.52%-81.6pp | 70.21%-51.3pp | 552.29%-533.4pp |
| Employer contribution / active EE | $5,875 | $5,284+11.2% | $4,348+35.1% | $4,663+26.0% |
| Participant deferral / active EE | $10,785 | $6,964+54.9% | $6,035+78.7% | $6,689+61.2% |
| Admin fee / account holder | $11,790 | $16,659-29.2% | $12,696-7.1% | $13,390-12.0% |